New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-02-12
CLOSIN0 PRICES OF OALiFOiNA ST"0KS
SAN FRANCISCO. Feb II. 1887.
LOSING PRICES OF pnrLA DeLPaIA srOoRS

FRIDAY, Feb. LIP Ne
In the stock market day there continued reali-
cation which was noted yesterday to secure profits
accrued by the last days advance The Street since
yesterday morning has been talking reaction and AFTER
movement in either direction Of per cent the Street
seldom fails to exert temporary influence upon opera
tors But the declines which generally have occurred
since yesterday again have emboldened opera
tors short account and they now are WORKING
no demand for bonds why stocks must de-
cline foreign Interstate Commerce bill and strikes
having been played out We hear much said about the
failure of the syndcate to market the loan Of the
Atchison Topeka aud Santa Fe Railroad we learn. how
ever from q trustworthy source that while the full
amount of the loan not subscribed Tor WITHIN the
hours Limitation, has been taken to such
an amount that the syndicate Is entirely satisfied with
the result Be this II may. there Is no
disputing the fact that the Ncwiork Controllers invita-
ton for bids for per cent water bonds was
met Yesterday by a subscription for $l3545OO Tho
lowest bid was 10000; the 100000 OF bonds was
awarded at from lO3 to 1O3s72 averaging better than
l03is. This fact demonstrates that there Is sn nm
abundance Of money seeking employment and that IL
only requires confidence IN the stability OF commercial
manufacturing, mining and mercantile affairs to widen
the area OF investments.
The transactions in stocks at the Stock Exchange
amounted to 400 shares being Al 200 shares less
than Yesterdays business European quotations came
fat and there current OF renewed agitation
upon the war question. Our market opened easy and
generally lower than last evenings closing figures and
after some early recoveries with small fluctuations gen.
orally dropped during the day. that closing figures gem
orally ranged from Il to per cent below yesterdays
final price,. Erie stock q notable exception
to the general rule IL opened of Il per cent Mt 33h and
was steadily bought for particular account up 10
34 and closed at 81 The transactions In the stock
amounted 900 shares but OF course consider
able part Of this amount occasOned by the opera
ons Of traders who at the close OF business have no
greater interest the stock than they had at the opening
hour II Ia estmal ell that some one has accumulated
during the day 10000 to 10000 shares OF stock
The tendency the general market favorable to the
purchase a large quantity OF any stock. and the
purchaser OF Erie today whoever 1t may have been.
seems to have improved the opportunity Lake Shore
closed with decline Of g per cent. New-York Central q
per cent Canada Southern per cent st. Paul is per
cent and Northwestern q per cent Delaware, Lacka
wanna and Western early sold up - TO 1874 hut closed
unchanged at 1862 Philadelphia and Read
ing opened 70 lower at 80. rose to
3sss and closed at 37as, and Central
of New Jersey shows n final loss OF u per cent
Union Pacific fuctnated only b cent and closed with
final loss OF q per cent The market closed dun am
feverish. 81, - ,., a.,
bids the ~ s per cent lower Annexed are the clos
ing quotations: